Origen has sold its healthcare business to Towergate Healthcare, a trading name of Towergate Underwriting Group.
The deal involves Origen’s book of private medical insurance business and the transerral of six Origen employees. The terms of the sale have not been disclosed.
The two firms have agreed a strategic partnership which means that Towergate will provide healthcare services to Origen clients in the future.
Origen managing director Stephen Greenstreet says: “The longer-term interests of our clients will be better served by establishing a strategic partnership with a specialist healthcare adviser.”
Towergate Healthcare managing director Tina Jennings says: “The profile of customers taking specialist healthcare insurance advice from Origen is a perfect fit with our business. We are expanding our expertise into some exciting new areas.”